Da Nang starts construction of a complex with 2 towers of 20 floors, capital of more than 1,500 billion VND
On September 2, at Phu My An urban area (Ngu Hanh Son ward), Da Nang city held a groundbreaking ceremony for the Regal Complex 5-star complex project with a total investment of more than 1,500 billion VND.
This is one of 6 key projects started on the occasion of the 80th anniversary of National Day on September 2, marking a strong transformation of the coastal city of the Central region.
The project includes 2 towers with 20 floors and 2 basements, with a total of 683 luxury apartments and penthouses. An important highlight is the base of the commercial center with a scale of more than 8,000 m2 per floor, which is expected to gather flagship stores of global brands, present for the first time in Da Nang.
Speaking at the groundbreaking ceremony, Vice Chairwoman of the Da Nang People's Committee Nguyen Thi Anh Thi said that the simultaneous groundbreaking of key projects on the occasion of National Day on September 2 not only has significance in terms of infrastructure, economy - society, but also demonstrates the city's strong aspiration to become a modern, dynamic and livable city. See more...
Apartment prices continue to increase, apartments priced at 60-70 million VND/m2 are gradually disappearing
Apartment prices in Hanoi continue to maintain a high momentum, creating great pressure on real housing demand and putting many considerations for investors.
The Hanoi apartment market has recently recorded many new projects being introduced, in the central, western and eastern areas of the city. The common point is that the selling price is always at a high level, commonly in the high-end and super high-end projects. While real housing demand still exists, this price movement shows that the market is clearly shifting to the segment with higher value.
According to the survey, the selling price of apartments in a series of large projects is always high. Typically, the Berriver Jardin Long Bien apartment project is about 72 - 88 million VND/m2; Vinhomes Green Bay Me Tri 75 - 100 million VND/m2; Cau Giay Center Point 82 - 102 million VND/m2; Lumi Hanoi 75 - 108 million VND/m2. In the high-end group, The Nelson Private Residences range from 120 - 180 million VND/m2, Noble Crystal from 163 - 270 million VND/m2, The Matrix One 120 - 150 million VND/m2. See more...
Amending and supplementing 8 commune-level land procedures
The Ministry of Agriculture and Environment has amended and supplemented 8 commune-level land procedures.
Decision No. 3380/QD-BNNMT announces newly issued and amended and supplemented administrative procedures in the land sector under the State management scope of the Ministry, effective from August 25, 2025. In this Decision, the Ministry has amended and supplemented 8 commune-level procedures including:
Land allocation, land lease, land use purpose change in cases of land allocation, land lease without auctioning land use rights, not bidding to select investors to implement projects using land; cases of land allocation, land lease through bidding to select investors to implement projects using land; land allocation and forest allocation; land lease and forest lease, extension of land use when the land use term expires.
Change the form of land allocation and land lease.
Adjust the decision to allocate land, lease land, allow change of land use purpose due to changes in the basis of the decision to allocate land, lease land, allow change of land use purpose; adjust the land use term of the investment project. See more...
